This is all excellent news. It will end a lot of corruption. Bitcoin is subversive and is allowing some very vile people to do business globally. They
have an easier time operating globally than Bank of England, lol.

I think it should be made illegal in the West and U.S. It has been an interesting experiment. May be use some of that experience when the world is
ready for an official universal currency. That is not yet. It would create many issues for vulnerable people to lose cash currency. Cash is still king
for a while.

originally posted by: tribal
you guys are perhaps unwittingly using the same failed logical argument authorities are making for the end of cash, i.e., most criminal transactions
use cash.

Not correct. Online transactions take place on platforms that are traceable, who uses cash for online purchases? Crypto-currencies do not which is why
they are used by people like those engaging in child porn sales or other illicit behavior.

originally posted by: nOraKat
If you think China is shutting it down so that child porn crimes dont happen and drug cartels don't launder money, you are fooling yourselves. The
answer for the real reason is in this article:

I think the whole purpose of block-chain is that a copy of past history is copied over and over again and everyone has a copy. I don't think you can
just create it out of thin air and have it consistent with everyone's records.

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